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FOX News
Oct 6, 2012 11:00am EDT
beyond the social security age, all of that money in the system in terms of pay roll tax will not come back to you. we are disincenting people to work . we have to raise it and index it to life expectancy going forward. >> i will quote from mitt romney for president website rick, >> i do that all of the time. >> for future generation of seniors mitt believes it should be slowly increased to account for increases for longevity. >> i am congentitally social? they are both right. we do have to raise the age . there is no getting around it. we need to remove the caps. this is the most regressive tax and stopping at $110,000. >> it would be regressive if the raise the caps. >> if you did raise the caps how much of a tax increase would that be? >> i haven't done the math. but i can agree with rick raise it but only in the grand bargain make all taxes at a flat rate. if you had 15, 16 or 18 percent. then yes, remove the cap on social security and everybody would be paying a flat rate. network we are escaping something and maybe for another discussion . but done you think you could hanle
Search Results 0 to 3 of about 4 (some duplicates have been removed)